Looking at the universe of stocks we cover at Dividend Channel, on 4/19/13, Codorus Valley Bancorp, Inc. will trade ex-dividend, for its quarterly dividend of $0.11, payable on 5/14/13.

Looking at the universe of stocks we cover at Dividend Channel, on 4/19/13, Codorus Valley Bancorp, Inc. ( CVLY) will trade ex-dividend, for its quarterly dividend of $0.11, payable on 5/14/13. As a percentage of CVLY's recent stock price of $16.00, this dividend works out to approximately 0.69%, so look for shares of Codorus Valley Bancorp, Inc. to trade 0.69% lower — all else being equal — when CVLY shares open for trading on 4/19/13.

Below is a dividend history chart for CVLY, showing historical dividends prior to the most recent $0.11 declared by Codorus Valley Bancorp, Inc.:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CVLY is likely to continue, and whether the current estimated yield of 2.75% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CVLY shares, versus its 200 day moving average:

Looking at the chart above, CVLY's low point in its 52 week range is $11.17 per share, with $16.90 as the 52 week high point — that compares with a last trade of $16.00.

In Wednesday trading, Codorus Valley Bancorp, Inc. shares are currently off about 1% on the day.